abhigargin

AMD - sell either in mid-35 or mid-39

Long
NASDAQ:AMD   Advanced Micro Devices Inc
AMD - based on Fib retracement, it looks like it finds resistance usually at 0.786 or 0.236 levels, as seen in the retracement from early June to mid-June. Due to the recent launch of 7nm chips for Google/Twitter server farms, AMD's price may settle around mid-35's for a while and then later on it could find a real peak at mid-39's, then go down for a while back to between 35-36, and then cross into 40's later this year in 2019.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.